ENTREPRISE DEVRESSE: what changed
What changed
ENTREPRISE DEVRESSE
NACE 42.220, Construction of utility projects for electricity and telecommunications
filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €2.5m-€512,201
Equity
€6.6m
2024 · €5.2m+€1.4m
Cash
€2.7m
2024 · €2.7m-€9,370
Balance sheet total
€9.3m
2024 · €8.1m+€1.2m
Largest movements
Assets
- Current investments +€1.1m
up €1.1m (+66.3%), from €1.7m to €2.8m
- Tangible fixed assets +€436,366
up €436,366 (+29.0%), from €1.5m to €1.9m
- Receivables within one year -€362,845
down €362,845 (-18.4%), from €2.0m to €1.6m
of which Trade receivables: -€453,310
Equity and liabilities
- Profit (loss) carried forward +€813,981
new in 2025: €813,981
- Reserves +€562,000
up €562,000 (+11.1%), from €5.1m to €5.6m
of which Tax-exempt reserves: +€842,000
- Trade debts -€543,275
down €543,275 (-45.4%), from €1.2m to €652,103
- Other debts +€326,500
up €326,500 (+71.7%), from €455,351 to €781,851
- Debts after one year +€130,650
up €130,650 (+22.6%), from €579,080 to €709,730
Income statement
- Gross operating margin -€931,142
down €931,142 (-16.3%), from €5.7m to €4.8m
- Taxes -€446,516
down €446,516 (-47.1%), from €947,738 to €501,222
- Depreciation +€62,668
up €62,668 (+12.7%), from €492,156 to €554,824
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2.5m
Gross operating margin
-€931,142
Staff costs
+€13,775
Depreciation
-€62,668
Other operating charges
+€11,644
Other operating items
-€10,334
Financial income
+€31,733
Financial charges
-€11,726
Taxes
+€446,516
Result 2025
€2.0m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.5m
Investment
-€2.1m
Financing
-€401,383
Cash 2024
€2.7m
From operations (derived)
+€2.5m
Net result for the year
+€2.0m
Depreciation
+€554,824
Stocks and contracts
+€10,405
Receivables within one year
+€362,845
Deferred charges and accrued income
-€30,775
Trade debts
-€543,275
Tax, wage and social debts
-€121,609
Other debts
+€326,500
Accrued charges and deferred income
-€587
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€991,190
Current investments
-€1.1m
Financing
-€401,383
Debts after one year
+€130,650
Current portion of long-term debt
+€51,567
Contributions, distributions and other
-€583,600
Cash 2025
€2.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,063,223 | €9,278,850 | +€1.2m | +15.1% |
| Fixed assets | 21/28 | €1,507,141 | €1,943,507 | +€436,366 | +29.0% |
| Tangible fixed assets | 22/27 | €1,505,674 | €1,942,040 | +€436,366 | +29.0% |
| Land and buildings | 22 | €473,824 | €557,265 | +€83,441 | +17.6% |
| Plant, machinery and equipment | 23 | €49,145 | €168,140 | +€118,996 | +242% |
| Furniture and vehicles | 24 | €982,705 | €1,191,528 | +€208,824 | +21.2% |
| Leasing and similar rights | 25 | - | €25,106 | +€25,106 | |
| Financial fixed assets | 28 | €1,468 | €1,468 | = | 0.0% |
| Current assets | 29/58 | €6,556,081 | €7,335,343 | +€779,262 | +11.9% |
| Stocks and contracts in progress | 3 | €127,485 | €117,080 | -€10,405 | -8.2% |
| Stocks | 30/36 | €124,298 | €117,080 | -€7,218 | -5.8% |
| Contracts in progress | 37 | €3,187 | - | -€3,187 | |
| Amounts receivable within one year | 40/41 | €1,966,901 | €1,604,057 | -€362,845 | -18.4% |
| Trade receivables | 40 | €1,745,424 | €1,292,114 | -€453,310 | -26.0% |
| Other amounts receivable | 41 | €221,478 | €311,943 | +€90,465 | +40.8% |
| Current investments | 50/53 | €1,704,982 | €2,836,088 | +€1.1m | +66.3% |
| Cash at bank and in hand | 54/58 | €2,742,234 | €2,732,865 | -€9,370 | -0.3% |
| Deferred charges and accrued income | 490/1 | €14,478 | €45,254 | +€30,775 | +213% |
| Total equity and liabilities | 10/49 | €8,063,223 | €9,278,850 | +€1.2m | +15.1% |
| Equity | 10/15 | €5,235,573 | €6,607,955 | +€1.4m | +26.2% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €5,067,373 | €5,629,373 | +€562,000 | +11.1% |
| Non-distributable reserves | 130/1 | €57,500 | €57,500 | = | 0.0% |
| Legal reserve | 130 | €57,500 | €57,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,189,070 | €2,031,070 | +€842,000 | +70.8% |
| Distributable reserves | 133 | €3,820,803 | €3,540,803 | -€280,000 | -7.3% |
| Profit (loss) carried forward | 14 | - | €813,981 | +€813,981 | |
| Investment grants | 15 | €43,200 | €39,600 | -€3,600 | -8.3% |
| Amounts payable | 17/49 | €2,827,649 | €2,670,896 | -€156,754 | -5.5% |
| Amounts payable after more than one year | 17 | €579,080 | €709,730 | +€130,650 | +22.6% |
| Financial debts | 170/4 | €579,080 | €709,730 | +€130,650 | +22.6% |
| Amounts payable within one year | 42/48 | €2,247,982 | €1,961,165 | -€286,817 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €308,615 | €360,182 | +€51,567 | +16.7% |
| Trade debts | 44 | €1,195,378 | €652,103 | -€543,275 | -45.4% |
| Suppliers | 440/4 | €1,195,378 | €652,103 | -€543,275 | -45.4% |
| Taxes, remuneration and social security | 45 | €288,638 | €167,029 | -€121,609 | -42.1% |
| Taxes | 450/3 | €227,680 | €115,444 | -€112,236 | -49.3% |
| Remuneration and social security | 454/9 | €60,957 | €51,585 | -€9,372 | -15.4% |
| Other amounts payable | 47/48 | €455,351 | €781,851 | +€326,500 | +71.7% |
| Accrued charges and deferred income | 492/3 | €587 | - | -€587 | |
| Non-recurring operating income | 76A | €2,661 | €108 | -€2,553 | -95.9% |
| Remuneration, social security and pensions | 62 | €1,723,269 | €1,709,494 | -€13,775 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €492,156 | €554,824 | +€62,668 | +12.7% |
| Other operating charges | 640/8 | €61,308 | €49,664 | -€11,644 | -19.0% |
| Non-recurring operating charges | 66A | €19,186 | €29,520 | +€10,334 | +53.9% |
| Gross operating margin | 9900 | €5,718,493 | €4,787,352 | -€931,142 | -16.3% |
| Operating profit (loss) | 9901 | €3,422,574 | €2,443,851 | -€978,723 | -28.6% |
| Financial income | 75/76B | €30,329 | €62,062 | +€31,733 | +105% |
| Recurring financial income | 75 | €30,329 | €52,211 | +€21,881 | +72.1% |
| Non-recurring financial income | 76B | - | €9,852 | +€9,852 | |
| Financial charges | 65/66B | €36,984 | €48,710 | +€11,726 | +31.7% |
| Recurring financial charges | 65 | €36,984 | €48,710 | +€11,726 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €3,415,920 | €2,457,203 | -€958,716 | -28.1% |
| Income taxes | 67/77 | €947,738 | €501,222 | -€446,516 | -47.1% |
| Profit (loss) for the period | 9904 | €2,468,182 | €1,955,981 | -€512,201 | -20.8% |
| Transfer from tax-exempt reserves | 789 | €42,100 | - | -€42,100 | |
| Transfer to tax-exempt reserves | 689 | €997,770 | €842,000 | -€155,770 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,512,512 | €1,113,981 | -€398,531 | -26.3% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.